Bill Mitchell: Governments should not ‘cool’ an economy or cut deficits when there are millions unemployed still

There are two economic theories that have been thoroughly discredited, but are still ubiquitous in mainstream media: austerity enables economic growth and giving the rich still more money results in a trickle-down effect creating a […]

‘Europe’s elections saw gains for anti-immigration parties — but the breakthrough act in Finland was the Left Alliance, with 17% support. Its leader, Li Andersson, told Jacobin about why it did so well and how it defeated […]

Inflation-linked wages in Belgium should have produced a wage-price spiral…but they haven’t. In fact, inflation in Belgium is dropping faster than many other economies. Why? Read HERE Photo: EmDee/Creative Commons